Forum Forexroasted

wait how do i see floating drawdown on myfxbook, i only see the green line

anyone else on hotforex (hfm now) getting this. i go to close a trade thats in profit during a fast move and the platform just spins for a few seconds then fills me worse. happens way too often to be coincidence. same vps i use for ic markets and ic never does this. is it them or me

no. zero commission means the broker bakes their cut into a wider spread. its often more expensive than a tight spread + transparent commission, especially on majors. always compare total cost per trade not just commission.

wait does pip value change if my account is in eur not usd?

my actual combo: 200 EMA (trend), 14 RSI (momentum), 20 ATR (volatility). thats it. 3 indicators measuring 3 things. when they align, signal is strong. when they conflict, dont trade. cleaner decision-making than 8 indicators all saying maybe.

my favorite custom alert: 'no setups for X hours, market is dead' notification. tells me when im about to over-trade out of boredom. lets me close mt5 and walk away. saved me more money than fancy entry alerts ever did.

most traders i know specialize in either trend or range conditions. trend followers crush in clear directional markets and get murdered in choppy ranges. range traders thrive in consolidations and get steamrolled when ranges break out.

can a trader effectively switch styles based on market regime, or does specialization win? for those who actually trade both modes: how do you detect regime change and adapt?

continuation patterns, flags, pennants, triangles, are supposed to be higher-probability than reversals because youre trading with the trend. but i find triangles especially unreliable, they break both ways. of the continuation patterns, which do you actually trust and which do you ignore, and why the difference?

compare the all-in economics. on your own account you risk your capital but keep 100 percent and get your fills. on the prop you risk only the fee, trade bigger size, but split profits and eat slightly worse execution. for a strategy with comfortable margin per trade the props leverage on capital usually wins despite the fills. for a razor-thin scalping edge, the worse fills can erase the advantage. it depends on how much room your edge has.

total screen time is dramatically less, but the quality of analysis time needs to be higher. intraday you can half-pay-attention and act on obvious setups in real time. swing requires very clear analysis at end of day when you set your orders, because you won't be there to manage it. the preparation is more rigorous, there's just much less of it. probably 20-30 minutes of quality analysis per day vs 3-4 hours of mixed-quality screen time before.

moving from discretionary toward a fully mechanical, rules-only system so my emotions stop wrecking my trading. before i sink months into it, what are the mistakes that kill people building their first system? id rather know the landmines now than rediscover them the expensive way.

practical takeaway: dont let the backend broker alone make or break the decision, but do treat a weak one as a reason to take payouts promptly and not leave large earned balances sitting in the account. withdraw on schedule and your exposure to the underlying broker stays small regardless of its quality.

noticed a clear trend in 2025-2026 where more prop firms are pushing instant funding accounts. you pay a monthly fee, get access to a funded account immediately, no challenge. sounds great but the fees add up fast if you don't profit quickly.

curious what people think about this shift. is instant funding genuinely better for traders or is it just a better fee extraction model for the firms? seems like the risks are different rather than lower.

no, commission accounts are premium accounts at most brokers. you're the better customer. they may have slightly higher minimum deposits. the only practical difference is the math looks more complex at first because you see the fee separately. psychologically some beginners find it jarring, but it's strictly better economics for active traders.

different angle - i stopped scalping the open entirely and now trade the london CLOSE (16:00-18:00 UTC). less competition because everyone is focused on the open. less algo density. the moves are smaller but the win rate is higher because its less predictable so less farmed by HFT.

agreed. the one thing that bites home-pc users isnt latency, its windows deciding to reboot for an update overnight and the EA being offline for hours. if you disable forced reboots and your power and internet are stable, home pc is genuinely fine for swing automation.

IG markets is one of the oldest and largest fca regulated brokers. they consistently rank in top consumer protection categories but their pricing is notably higher than competitors. minimum spreads on majors typically 0.8-1.0 pips, where ic markets and pepperstone offer 0.0-0.3 raw plus commission.

the question: for retail traders putting moderate capital ($20-100k), is the IG premium justified by tangible benefits, or is it just paying for marketing?

the ninety-percent-die rate is real and worth accepting upfront so you dont quit when your first five ideas fail. thats not failure, thats the filter doing its job. the one idea in ten that survives honest testing is worth the nine that didnt, because it survived precisely the scrutiny that will keep you trading it through hard times. expect the graveyard, its where the real strategy comes from.

+1 on the dashboard quality. the data they expose to you is significantly more useful than ftmo's. if youre going to spend hours each week reviewing trades, having good analytics provided saves real time.

finally got an EA i semi-trust running on a vps. the part that keeps me up, ironically, is what happens while im actually asleep. a weird spread spike, a gap, a broker glitch and it could do real damage before i wake.

what guardrails do you put around an automated system so an overnight anomaly cant blow the account? looking for concrete settings, not just 'be careful'.